MergerPlace

Southern Ohio Full Service Machine Shop

Not disclosed, Ohio


  • Asking Price: $3,100,000
  • Gross Income: $3,175,077
  • Cash Flow: $716,554
  • Real Estate: $1,200,000
  • Inventory: $160,000
  • FF&E: $1,246,000
  • Listing ID: #221075
  • Established: 1988
  • Employees: 18 FT/1 PT

Business Description

This is an opportunity to purchase a successful machine shop with Real Estate in Southern Ohio that has been operating for over 30 years. The business is a full service job shop that specializes in the manufacturing of machined parts from supplied samples or prints. The company is well experienced in reverse engineering and is known for their short lead times. They also perform gearbox rebuilds and gear cutting. There is a broad and reliable customer base that represents a diverse set of industries. The state of Ohio has granted essential business status to this company.


Business Details

Primary Business Category: Manufacturing - Fabricated Metal Products
Location: Ohio
Metropolitan Area: Not disclosed

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 18 FT/1 PT

Financial Information

Asking Price: $3,100,000
Gross Revenue: $3,175,077
Cash Flow: $716,554
FF&E: $1,246,000
Inventory: $160,000
Real Estate: $1,200,000
Seller Financing Available: No

Property Information

Facilities:

The business operates out of a 27,000 square foot building in an industrial park. The building is included in the offering price.

Growth & expansion opportunities:

Because of the very diverse manufacturing base and economy in Ohio there is tremendous opportunity for growth. A new owner could offer expanded emergency services, add manufacturers reps or company sales reps.

Competition:

There are a number of machine shops, however very few perform gear cutting.

Reason for selling:

The owners are transitioning to retirement.

Support & Training:

Will train for 4 weeks @ $0 cost. There are no specific licenses or skills required. Experience as a machinist, engineer, with a management or sales background are useful skills that would help make a new owner successful.

Contact Business Seller

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Business Listed By:

Phil Eleson

Murphy Business Brokers